Fed slashes interest rates by a half point, an aggressive start to its first easing c

[NewsFeeder]

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.

More @ CNBC...

 

[James48843]

Interesting word - “ slashes”.

Might be a bit stronger than what I would have used. But it works.


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